Random House New Releases - Business & Economics - Economic Historyhttp://www.randomhouse.com/category/www.randomhouse.com2006-03-13T11:23:00-05:00Formation of the Economic Thought of Karl Marx by Ernest Mandelwww.randomhouse.com<a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9781784782337"><img align="right" src="http://www.randomhouse.com/catalog/catalog_cover.pperl?9781784782337" border="1"/></a><h3><a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9781784782337">Formation of the Economic Thought of Karl Marx</a> <br/><b>Written by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=182750">Ernest Mandel</a></h3><b>eBook</b>0 | Verso | Political Science - Communism & Socialism; Political Science - Economic Conditions; Business & Economics - Economic History | <b>$17.95</b> | 978-1-78478-233-7 (1-78478-233-5)<p></p><br clear="all">http://www.randomhouse.com/catalog/display.pperl?isbn=97817847823372015-09-01T00:30:00-05:00Formation of the Economic Thought of Karl Marx by Ernest Mandelwww.randomhouse.com<a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9781784782320"><img align="right" src="http://www.randomhouse.com/catalog/catalog_cover.pperl?9781784782320" border="1"/></a><h3><a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9781784782320">Formation of the Economic Thought of Karl Marx</a> <br/><b>Written by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=182750">Ernest Mandel</a></h3><b>Trade Paperback</b>, 160 pages | Verso | Political Science - Communism & Socialism; Political Science - Economic Conditions; Business & Economics - Economic History | <b>$17.95</b> | 978-1-78478-232-0 (1-78478-232-7)<p></p><br clear="all">http://www.randomhouse.com/catalog/display.pperl?isbn=97817847823202015-09-01T00:30:00-05:00Marx on Money by Suzanne De Brunhoffwww.randomhouse.com<a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9781784782269"><img align="right" src="http://www.randomhouse.com/catalog/catalog_cover.pperl?9781784782269" border="1"/></a><h3><a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9781784782269">Marx on Money</a> <br/><b>Written by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=305012">Suzanne De Brunhoff</a></h3><b>Trade Paperback</b>, 144 pages | Verso | Political Science - Communism & Socialism; Political Science - Economic Conditions; Business & Economics - Economic History | <b>$17.95</b> | 978-1-78478-226-9 (1-78478-226-2)<p></p><br clear="all">http://www.randomhouse.com/catalog/display.pperl?isbn=97817847822692015-09-01T00:30:00-05:00Marx on Money by Suzanne De Brunhoffwww.randomhouse.com<a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9781784782283"><img align="right" src="http://www.randomhouse.com/catalog/catalog_cover.pperl?9781784782283" border="1"/></a><h3><a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9781784782283">Marx on Money</a> <br/><b>Written by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=305012">Suzanne De Brunhoff</a></h3><b>eBook</b>0 | Verso | Political Science - Communism & Socialism; Political Science - Economic Conditions; Business & Economics - Economic History | <b>$17.95</b> | 978-1-78478-228-3 (1-78478-228-9)<p></p><br clear="all">http://www.randomhouse.com/catalog/display.pperl?isbn=97817847822832015-09-01T00:30:00-05:00Seven Bad Ideas by Jeff Madrickwww.randomhouse.com<a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9780307950727"><img align="right" src="http://www.randomhouse.com/catalog/catalog_cover.pperl?9780307950727" border="1"/></a><h3><a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9780307950727">Seven Bad Ideas</a> How Mainstream Economists Have Damaged America and the World<br/><b>Written by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=18639">Jeff Madrick</a></h3><b>Trade Paperback</b>, 272 pages | Vintage | Business & Economics - Economic History; Political Science - Economic Policy; Business & Economics - Business Ethics | <b>$15.95</b> | 978-0-307-95072-7 (0-307-95072-7)<p>A bold indictment of some of our most accepted mainstream economic theories&mdash;why they&rsquo;re wrong, and how they&rsquo;ve been harming America and the world.<br><br> Budget deficits are bad. A strong dollar is good. Controlling inflation is paramount. Pay reflects greater worker skills. A deregulated free market is fair and effective. Theories like these have become mantras among American economists both liberal and conservative over recent decades. Validated originally by patron saints like Milton Friedman, they&rsquo;ve assumed the status of self-evident truths across much of the mainstream. Jeff Madrick, former columnist for <i>The New York Times</i> and <i>Harper&rsquo;s,</i> argues compellingly that a reconsideration is long overdue.<br><br> Since the financial turmoil of the 1970s made stagnating wages and relatively high unemployment the norm, Madrick argues, many leading economists have retrenched to the classical (and outdated) bulwarks of theory, drawing their ideas more from purist principles than from the real-world behavior of governments and markets&mdash;while, ironically, deeply affecting those governments and markets by their counsel. Madrick atomizes seven of the greatest false idols of modern economic theory, illustrating how these ideas have been damaging markets, infrastructure, and individual livelihoods for years, causing hundreds of billions of dollars of wasted investment, financial crisis after financial crisis, poor and unequal public education, primitive public transportation, gross inequality of income and wealth and stagnating wages, and uncontrolled military spending. <br><br> Using the Great Recession as his foremost case study, Madrick shows how the decisions America should have made before, during, and after the financial crisis were suppressed by wrongheaded but popular theory, and how the consequences are still disadvantaging working America and undermining the foundations of global commerce. Madrick spares no sinners as he reveals how the &ldquo;Friedman doctrine&rdquo; has undermined the meaning of citizenship and community,&#160;how the &ldquo;Great Moderation&rdquo; became a great jobs emergency, and how economists were so concerned with getting the incentives right for Wall Street that they got financial regulation all wrong. He in turn examines the too-often-marginalized good ideas of modern economics and convincingly argues just how beneficial they could be&mdash;if they can gain traction among policy makers.<br><br> Trenchant, sweeping, and empirical, <i>Seven Bad Ideas</i> resoundingly disrupts the status quo of modern economic theory.<br><br><br><i>From the Hardcover edition.</i></p><br clear="all">http://www.randomhouse.com/catalog/display.pperl?isbn=97803079507272015-08-18T00:30:00-05:00Debtors' Prison by Robert Kuttnerwww.randomhouse.com<a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9781101910528"><img align="right" src="http://www.randomhouse.com/catalog/catalog_cover.pperl?9781101910528" border="1"/></a><h3><a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9781101910528">Debtors' Prison</a> The Politics of Austerity Versus Possibility<br/><b>Written by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=16425">Robert Kuttner</a></h3><b>Trade Paperback</b>, 352 pages | Vintage | Political Science - Economic Policy; Business & Economics - Economic History; Business & Economics - International | <b>$16.95</b> | 978-1-101-91052-8 (1-101-91052-6)<p><p>One of our foremost economic thinkers challenges a cherished tenet of today&rsquo;s financial orthodoxy: that spending less, refusing to forgive debt, and shrinking government&mdash;&ldquo;austerity&rdquo;&mdash;is the solution to a persisting economic crisis like ours or Europe&rsquo;s, now in its fifth year.<br><br> Since the collapse of September 2008, the conversation about economic recovery has centered on the question of debt: whether we have too much of it, whose debt to forgive, and how to cut the deficit. These questions dominated the sound bites of the 2012 U.S. presidential election, the fiscal-cliff debates, and the perverse policies of the European Union. <br><br> Robert Kuttner makes the most powerful argument to date that these are the wrong questions and that austerity is the wrong answer. Blending economics with historical contrasts of effective debt relief and punitive debt enforcement, he makes clear that universal belt-tightening, as a prescription for recession, defies economic logic. And while the public debt gets most of the attention, it is private debts that crashed the economy and are sandbagging the recovery&mdash;mortgages, student loans, consumer borrowing to make up for lagging wages, speculative shortfalls incurred by banks. As Kuttner observes, corporations get to use bankruptcy to walk away from debts. Homeowners and small nations don&rsquo;t. Thus, we need more public borrowing and investment to revive a depressed economy, and more forgiveness and reform of the overhang of past debts. <br><br> In making his case, Kuttner uncovers the double standards in the politics of debt, from <i>Robinson Crusoe </i>author Daniel Defoe&rsquo;s campaign for debt forgiveness in the seventeenth century to the two world wars and Bretton Woods. Just as debtors&rsquo; prisons once prevented individuals from surmounting their debts and resuming productive life, austerity measures shackle, rather than restore, economic growth&mdash;as the weight of past debt crushes the economy&rsquo;s future potential. Above all, Kuttner shows how austerity serves only the interest of creditors&mdash;the very bankers and financial elites whose actions precipitated the collapse. Lucid, authoritative, provocative&mdash;a book that will shape the economic conversation and the search for new solutions.&#160;&#160;</p></p><br clear="all">http://www.randomhouse.com/catalog/display.pperl?isbn=97811019105282015-06-09T00:30:00-05:00American Enterprise by Kathleen G. Franzwww.randomhouse.com<a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9781588344960"><img align="right" src="http://www.randomhouse.com/catalog/catalog_cover.pperl?9781588344960" border="1"/></a><h3><a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9781588344960">American Enterprise</a> A History of Business in America<br/><b>Edited by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=257427">Andy Serwer</a><br> <b>Contribution by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=257429">Peter Liebhold</a>, <a href="http://www.randomhouse.com/author/results.pperl?authorid=257430">Nancy Davis</a> and <a href="http://www.randomhouse.com/author/results.pperl?authorid=2111243">Kathleen G. Franz</a><br> <b>Introduction by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=2075485">David K. Allison</a></h3><b>Hardcover</b>, 224 pages | Smithsonian Books | History - United States; Business & Economics - Economic History; Technology - History | <b>$29.95</b> | 978-1-58834-496-0 (1-58834-496-7)<p><p>What does it mean to be an American? What are American ideas and values? <i>American Enterprise</i>, the companion book to a major exhibition at the Smithsonian&rsquo;s National Museum of American History, aims to answer these questions about the American experience through an exploration of its economic and commercial history. It argues that by looking at the intersection of capitalism and democracy, we can see where we as a nation have come from and where we might be going in the future.</p><p>Richly illustrated with images of objects from the museum&rsquo;s collections, <i>American Enterprise </i>includes a 1794 dollar coin, Alexander Graham Bell&rsquo;s 1876 telephone, a brass cash register from Marshall Fields, Sam Walton&rsquo;s cap, and many other goods and services that have shaped American culture. Historical and contemporary advertisements are also featured, emphasizing the evolution of the relationship between producers and consumers over time. Interspersed in the historical narrative are essays from today&rsquo;s industry leaders&mdash;including Sheila Bair, Adam Davidson, Bill Ford, Sally Greenberg, Fisk Johnson, Hank Paulson, Richard Trumka, and Pat Woertz&mdash;that pose provocative questions about the state of contemporary American business and society. <i>American Enterprise</i> is a multi-faceted survey of the nation&rsquo;s business heritage and corresponding social effects that is fundamental to an understanding of the lives of the American people, the history of the United States, and the nation&rsquo;s role in global affairs.</p></p><br clear="all">http://www.randomhouse.com/catalog/display.pperl?isbn=97815883449602015-05-26T00:30:00-05:00American Enterprise by Kathleen G. Franzwww.randomhouse.com<a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9781588344977"><img align="right" src="http://www.randomhouse.com/catalog/catalog_cover.pperl?9781588344977" border="1"/></a><h3><a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9781588344977">American Enterprise</a> A History of Business in America<br/><b>Edited by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=257427">Andy Serwer</a><br> <b>Contribution by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=257429">Peter Liebhold</a>, <a href="http://www.randomhouse.com/author/results.pperl?authorid=257430">Nancy Davis</a> and <a href="http://www.randomhouse.com/author/results.pperl?authorid=2111243">Kathleen G. Franz</a><br> <b>Introduction by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=2075485">David K. Allison</a></h3><b>eBook</b>, 256 pages | Smithsonian Books | History - United States; Business & Economics - Economic History; Technology - History | <b>$29.95</b> | 978-1-58834-497-7 (1-58834-497-5)<p><p>What does it mean to be an American? What are American ideas and values? <i>American Enterprise</i>, the companion book to a major exhibition at the Smithsonian&rsquo;s National Museum of American History, aims to answer these questions about the American experience through an exploration of its economic and commercial history. It argues that by looking at the intersection of capitalism and democracy, we can see where we as a nation have come from and where we might be going in the future.</p><p>Richly illustrated with images of objects from the museum&rsquo;s collections, <i>American Enterprise </i>includes a 1794 dollar coin, Alexander Graham Bell&rsquo;s 1876 telephone, a brass cash register from Marshall Fields, Sam Walton&rsquo;s cap, and many other goods and services that have shaped American culture. Historical and contemporary advertisements are also featured, emphasizing the evolution of the relationship between producers and consumers over time. Interspersed in the historical narrative are essays from today&rsquo;s industry leaders&mdash;including Sheila Bair, Adam Davidson, Bill Ford, Sally Greenberg, Fisk Johnson, Hank Paulson, Richard Trumka, and Pat Woertz&mdash;that pose provocative questions about the state of contemporary American business and society. <i>American Enterprise</i> is a multi-faceted survey of the nation&rsquo;s business heritage and corresponding social effects that is fundamental to an understanding of the lives of the American people, the history of the United States, and the nation&rsquo;s role in global affairs.</p></p><br clear="all">http://www.randomhouse.com/catalog/display.pperl?isbn=97815883449772015-05-26T00:30:00-05:00Money by Felix Martinwww.randomhouse.com<a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9780345803559"><img align="right" src="http://www.randomhouse.com/catalog/catalog_cover.pperl?9780345803559" border="1"/></a><h3><a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9780345803559">Money</a> The Unauthorized Biography--From Coinage to Cryptocurrencies<br/><b>Written by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=163928">Felix Martin</a></h3><b>Trade Paperback</b>, 336 pages | Vintage | Business & Economics - Economic History; Business & Economics - Economics; History - Civilization | <b>$16.95</b> | 978-0-345-80355-9 (0-345-80355-8)<p><p>What is money, and how does it work? In this tour de force of political, cultural, and economic history, Felix Martin challenges nothing less than our conventional understanding of one of humankind&rsquo;s greatest inventions. Martin describes how the Western idea of money emerged in the ancient world, and was shaped over the centuries by tensions between sovereigns and the emerging middle classes. Money, he argues, has always been an intensely political instrument, and that it is our failure to remember this that led to the crisis in our financial system and the Great Recession. He concludes with practical solutions for making money serve us&mdash;and, in an introduction and epilogue new to this edition, a discussion of what Bitcoin and other cryptocurrencies mean for money's future. From John Locke to Montesquieu, from Sparta to the Soviet Union, <i>Money</i> is a far-ranging and magisterial work of history and economics, with profound implications for the world today.</p></p><br clear="all">http://www.randomhouse.com/catalog/display.pperl?isbn=97803458035592015-01-06T00:30:00-05:00Debt - Updated and Expanded by David Graeberwww.randomhouse.com<a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9781612194202"><img align="right" src="http://www.randomhouse.com/catalog/catalog_cover.pperl?9781612194202" border="1"/></a><h3><a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9781612194202">Debt - Updated and Expanded</a> The First 5,000 Years<br/><b>Written by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=105938">David Graeber</a></h3><b>eBook</b>, 566 pages | Melville House | Business & Economics - Economic History; Business & Economics - Economics - Theory; History - Social History | <b>$30.00</b> | 978-1-61219-420-2 (1-61219-420-6)<p></p><br clear="all">http://www.randomhouse.com/catalog/display.pperl?isbn=97816121942022014-12-09T00:30:00-05:00Debt - Updated and Expanded by David Graeberwww.randomhouse.com<a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9781612194196"><img align="right" src="http://www.randomhouse.com/catalog/catalog_cover.pperl?9781612194196" border="1"/></a><h3><a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9781612194196">Debt - Updated and Expanded</a> The First 5,000 Years<br/><b>Written by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=105938">David Graeber</a></h3><b>Trade Paperback</b>, 560 pages | Melville House | Business & Economics - Economic History; Business & Economics - Economics - Theory; History - Social History | <b>$22.00</b> | 978-1-61219-419-6 (1-61219-419-2)<p><b><b>Now in paperback, </b>the updated and expanded edition : David Graeber&rsquo;s &ldquo;fresh .&#8198;.&#8198;. fascinating .&#8198;.&#8198;. thought-provoking .&#8198;.&#8198;. and exceedingly timely&rdquo; (<i>Financial Times</i>) history of debt</b><br> &#160;<br> Here anthropologist David Graeber presents a stunning reversal of conventional wisdom: he shows that before there was money, there was debt. For more than 5,000 years, since the beginnings of the first agrarian empires, humans have used elaborate credit systems to buy and sell goods&mdash;that is, long before the invention of coins or cash. It is in this era, Graeber argues, that we also first encounter a society divided into debtors and creditors.<br><br>Graeber shows that arguments about debt and debt forgiveness have been at the center of political debates from Italy to China, as well as sparking innumerable insurrections. He also brilliantly demonstrates that the language of the ancient works of law and religion (words like &ldquo;guilt,&rdquo; &ldquo;sin,&rdquo; and &ldquo;redemption&rdquo;) derive in large part from ancient debates about debt, and shape even our most basic ideas of right and wrong. We are still fighting these battles today without knowing it.</p><br clear="all">http://www.randomhouse.com/catalog/display.pperl?isbn=97816121941962014-10-28T00:30:00-05:00Seven Bad Ideas by Jeff Madrickwww.randomhouse.com<a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9780307961181"><img align="right" src="http://www.randomhouse.com/catalog/catalog_cover.pperl?9780307961181" border="1"/></a><h3><a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9780307961181">Seven Bad Ideas</a> How Mainstream Economists Have Damaged America and the World<br/><b>Written by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=18639">Jeff Madrick</a></h3><b>Hardcover</b>, 272 pages | Knopf | Business & Economics - Economic History; Political Science - Economic Policy; Business & Economics - Business Ethics | <b>$26.95</b> | 978-0-307-96118-1 (0-307-96118-4)<p>A bold indictment of some of our most accepted mainstream economic theories&mdash;why they&rsquo;re wrong, and how they&rsquo;ve been harming America and the world.<br><br> Budget deficits are bad. A strong dollar is good. Controlling inflation is paramount. Pay reflects greater worker skills. A deregulated free market is fair and effective. Theories like these have become mantras among American economists both liberal and conservative over recent decades. Validated originally by patron saints like Milton Friedman, they&rsquo;ve assumed the status of self-evident truths across much of the mainstream. Jeff Madrick, former columnist for <i>The New York Times</i> and <i>Harper&rsquo;s,</i> argues compellingly that a reconsideration is long overdue.<br><br> Since the financial turmoil of the 1970s made stagnating wages and relatively high unemployment the norm, Madrick argues, many leading economists have retrenched to the classical (and outdated) bulwarks of theory, drawing their ideas more from purist principles than from the real-world behavior of governments and markets&mdash;while, ironically, deeply affecting those governments and markets by their counsel. Madrick atomizes seven of the greatest false idols of modern economic theory, illustrating how these ideas have been damaging markets, infrastructure, and individual livelihoods for years, causing hundreds of billions of dollars of wasted investment, financial crisis after financial crisis, poor and unequal public education, primitive public transportation, gross inequality of income and wealth and stagnating wages, and uncontrolled military spending. <br><br> Using the Great Recession as his foremost case study, Madrick shows how the decisions America should have made before, during, and after the financial crisis were suppressed by wrongheaded but popular theory, and how the consequences are still disadvantaging working America and undermining the foundations of global commerce. Madrick spares no sinners as he reveals how the &ldquo;Friedman doctrine&rdquo; has undermined the meaning of citizenship and community,&#160;how the &ldquo;Great Moderation&rdquo; became a great jobs emergency, and how economists were so concerned with getting the incentives right for Wall Street that they got financial regulation all wrong. He in turn examines the too-often-marginalized good ideas of modern economics and convincingly argues just how beneficial they could be&mdash;if they can gain traction among policy makers.<br><br> Trenchant, sweeping, and empirical, <i>Seven Bad Ideas</i> resoundingly disrupts the status quo of modern economic theory.</p><br clear="all">http://www.randomhouse.com/catalog/display.pperl?isbn=97803079611812014-09-30T00:30:00-05:00Seven Bad Ideas by Jeff Madrickwww.randomhouse.com<a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9780307961198"><img align="right" src="http://www.randomhouse.com/catalog/catalog_cover.pperl?9780307961198" border="1"/></a><h3><a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9780307961198">Seven Bad Ideas</a> How Mainstream Economists Have Damaged America and the World<br/><b>Written by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=18639">Jeff Madrick</a></h3><b>eBook</b>, 272 pages | Knopf | Business & Economics - Economic History; Political Science - Economic Policy; Business & Economics - Business Ethics | <b>$13.99</b> | 978-0-307-96119-8 (0-307-96119-2)<p>A bold indictment of some of our most accepted mainstream economic theories&mdash;why they&rsquo;re wrong, and how they&rsquo;ve been harming America and the world.<br><br> Budget deficits are bad. A strong dollar is good. Controlling inflation is paramount. Pay reflects greater worker skills. A deregulated free market is fair and effective. Theories like these have become mantras among American economists both liberal and conservative over recent decades. Validated originally by patron saints like Milton Friedman, they&rsquo;ve assumed the status of self-evident truths across much of the mainstream. Jeff Madrick, former columnist for <i>The New York Times</i> and <i>Harper&rsquo;s,</i> argues compellingly that a reconsideration is long overdue.<br><br> Since the financial turmoil of the 1970s made stagnating wages and relatively high unemployment the norm, Madrick argues, many leading economists have retrenched to the classical (and outdated) bulwarks of theory, drawing their ideas more from purist principles than from the real-world behavior of governments and markets&mdash;while, ironically, deeply affecting those governments and markets by their counsel. Madrick atomizes seven of the greatest false idols of modern economic theory, illustrating how these ideas have been damaging markets, infrastructure, and individual livelihoods for years, causing hundreds of billions of dollars of wasted investment, financial crisis after financial crisis, poor and unequal public education, primitive public transportation, gross inequality of income and wealth and stagnating wages, and uncontrolled military spending. <br><br> Using the Great Recession as his foremost case study, Madrick shows how the decisions America should have made before, during, and after the financial crisis were suppressed by wrongheaded but popular theory, and how the consequences are still disadvantaging working America and undermining the foundations of global commerce. Madrick spares no sinners as he reveals how the &ldquo;Friedman doctrine&rdquo; has undermined the meaning of citizenship and community,&#160;how the &ldquo;Great Moderation&rdquo; became a great jobs emergency, and how economists were so concerned with getting the incentives right for Wall Street that they got financial regulation all wrong. He in turn examines the too-often-marginalized good ideas of modern economics and convincingly argues just how beneficial they could be&mdash;if they can gain traction among policy makers.<br><br> Trenchant, sweeping, and empirical, <i>Seven Bad Ideas</i> resoundingly disrupts the status quo of modern economic theory.<br><br><br><i>From the Hardcover edition.</i></p><br clear="all">http://www.randomhouse.com/catalog/display.pperl?isbn=97803079611982014-09-30T00:30:00-05:00The Making of an Atlantic Ruling Class by Kees Van Der Pijlwww.randomhouse.com<a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9781844679362"><img align="right" src="http://www.randomhouse.com/catalog/catalog_cover.pperl?9781844679362" border="1"/></a><h3><a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9781844679362">The Making of an Atlantic Ruling Class</a> <br/><b>Written by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=182857">Kees Van Der Pijl</a></h3><b>eBook</b>, 378 pages | Verso | Political Science - International Relations; Business & Economics - Economic History | <b>$29.95</b> | 978-1-84467-936-2 (1-84467-936-5)<p>With <i>The Making of an Atlantic Ruling Class</i>, Kees van der Pijl put class formation at the heart of our understanding of world politics and the global economy. This landmark study dissects one of the most decisive phenomena of the twentieth century&mdash;the rise of an Atlantic ruling class of multinational banks and corporations. A new preface by the author evaluates the book&rsquo;s significance in the light of recent political and economic developments.<br><br><br><i>From the Trade Paperback edition.</i></p><br clear="all">http://www.randomhouse.com/catalog/display.pperl?isbn=97818446793622014-06-03T00:30:00-05:00In the Name of Profit by Robert L. Heilbronerwww.randomhouse.com<a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9780804152686"><img align="right" src="http://www.randomhouse.com/catalog/catalog_cover.pperl?9780804152686" border="1"/></a><h3><a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9780804152686">In the Name of Profit</a> <br/><b>Written by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=36871">Robert L. Heilbroner</a></h3><b>eBook</b>, 273 pages | Doubleday | Business & Economics - Corporate Finance; Business & Economics - Economic Conditions; Business & Economics - Economic History | <b>$19.99</b> | 978-0-8041-5268-6 (0-8041-5268-3)<p>Said One Executive: <br><b><i>&ldquo;Why should my conscience bother me?&rdquo;<br></i></b><br>Here are dramatic true stories of executives whose desire for profit leads them into shameful decisions. <br><br>Naming actual executive of major American companies, the authors portray corporate irresponsibility in human term. One executive is shown as he orders his subordinates to fake a lab report, even though the result might be loss of life. Others are shown as they bribe a city official, as they knowingly sell a dangerous drug, as they enrich themselves by betraying their stockholders. <br><br>These men are not the familiar fast-buck artists, the petty cheats who can be dismissed as &ldquo;bad apples.&rdquo; The authors reveal themselves as solid citizens, educated and well-respected. Yet in the course of business they easily yield to ambition, avarice or the corporate culture. And almost always, after they are exposed, they are promoted by their companies.<br><br>Together these profiles, all of them written especially for this book, give life to questions raised by books such as <i>America, Inc.</i> and <i>The Greening of America</i>:<br><br>&middot;&#160; What kind of men run some super-corporations?<br>&middot;&#160; How can &ldquo;good men&rdquo; behave so badly&rdquo;<br>&middot;&#160; Does working for a corporation mean violating one&rsquo;s conscience? <br><br>After all the stories are told, the brilliant economist and social critic Robert L. Heilbroner offers a chapter of perspective. First he confronts the various positions on corporate responsibility&mdash;at one extreme, breaking up the big corporations; at the other, leaving executive entirely free to maximize profits. And then he cuts through to the realities if the matter, showing us where the best chance of remedy lies.</p><br clear="all">http://www.randomhouse.com/catalog/display.pperl?isbn=97808041526862014-05-14T00:30:00-05:00Historical Capitalism by Immanuel Wallersteinwww.randomhouse.com<a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9781844678358"><img align="right" src="http://www.randomhouse.com/catalog/catalog_cover.pperl?9781844678358" border="1"/></a><h3><a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9781844678358">Historical Capitalism</a> <br/><b>Written by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=183072">Immanuel Wallerstein</a></h3><b>eBook</b>, 176 pages | Verso | Business & Economics - Economic History | <b>$16.95</b> | 978-1-84467-835-8 (1-84467-835-0)<p>A succinct introduction to the history of capitalism by the renowned political theorist. <br><br>In this short, highly readable book, the master of world-systems theory provides a succinct anatomy of capitalism over the past five hundred years. Considering the way capitalism has changed and evolved over the centuries, and what has remained constant, he outlines its chief characteristics. In particular, he looks at the emergence and development of a world market, and of labor; in doing so, he argues that capitalism has brought about immiseration in the Global South. As long as they remain within a framework of world capitalism, Wallerstein concludes, the economic and social problems of developing countries will remain unresolved.<br><br><i>Historical Capitalism</i>, published here with its companion essay&#160;<i>Capitalist Civilization</i>, is a concise, compelling beginners&rsquo; guide to one of the most challenging and influential assessments of capitalism as a world-historic mode of production.</p><br clear="all">http://www.randomhouse.com/catalog/display.pperl?isbn=97818446783582014-04-29T00:30:00-05:00Money by Felix Martinwww.randomhouse.com<a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9780307962430"><img align="right" src="http://www.randomhouse.com/catalog/catalog_cover.pperl?9780307962430" border="1"/></a><h3><a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9780307962430">Money</a> The Unauthorized Biography<br/><b>Written by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=163928">Felix Martin</a></h3><b>Hardcover</b>, 336 pages | Knopf | Business & Economics - Economic History; History - World; Business & Economics - Money & Monetary Policy | <b>$27.95</b> | 978-0-307-96243-0 (0-307-96243-1)<p><p>From ancient currency to Adam Smith, from the gold standard to shadow banking and the Great Recession: a sweeping historical epic that traces the development and evolution of one of humankind&rsquo;s greatest inventions.<br><br>What is money, and how does it work? In this tour de force of political, cultural and economic history, Felix Martin challenges nothing less than our conventional understanding of money. He describes how the Western idea of money emerged from interactions between Mesopotamia and ancient Greece and was shaped over the centuries by tensions between sovereigns and the emerging middle classes. He explores the extraordinary diversity of the world&rsquo;s monetary systems, from the Pacific island of Yap, where value was once measured by immovable stones, to the currency of today that exists solely on globally connected computer screens. Martin shows that money has always been a deeply political instrument, and that it is our failure to remember this that led to the crisis in our financial system and so to the Great Recession. He concludes with practical solutions to our current pressing, money-based problems. <br><br><i>Money </i>skips nimbly among such far-ranging topics as John Locke&rsquo;s disastrous excursion into economic policy, Montesquieu&rsquo;s faith in finance to discipline the power of kings, the social organization of ancient Sparta and the Soviet Union&rsquo;s ill-fated attempt to abolish money and banking altogether. Throughout, Martin makes vivid sense of a chaotic and sometimes incoherent system&mdash;the everyday currency that we all share&mdash;in the clearest and most stimulating terms. This is a magisterial work of history and economics, with profound implications for the world today.</p></p><br clear="all">http://www.randomhouse.com/catalog/display.pperl?isbn=97803079624302014-03-04T00:30:00-05:00Money by Felix Martinwww.randomhouse.com<a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9780307962447"><img align="right" src="http://www.randomhouse.com/catalog/catalog_cover.pperl?9780307962447" border="1"/></a><h3><a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9780307962447">Money</a> The Unauthorized Biography<br/><b>Written by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=163928">Felix Martin</a></h3><b>eBook</b>, 336 pages | Vintage | Business & Economics - Economic History; History - World; Business & Economics - Money & Monetary Policy | <b>$12.99</b> | 978-0-307-96244-7 (0-307-96244-X)<p><p>From ancient currency to Adam Smith, from the gold standard to shadow banking and the Great Recession: a sweeping historical epic that traces the development and evolution of one of humankind&rsquo;s greatest inventions.<br><br>What is money, and how does it work? In this tour de force of political, cultural and economic history, Felix Martin challenges nothing less than our conventional understanding of money. He describes how the Western idea of money emerged from interactions between Mesopotamia and ancient Greece and was shaped over the centuries by tensions between sovereigns and the emerging middle classes. He explores the extraordinary diversity of the world&rsquo;s monetary systems, from the Pacific island of Yap, where value was once measured by immovable stones, to the currency of today that exists solely on globally connected computer screens. Martin shows that money has always been a deeply political instrument, and that it is our failure to remember this that led to the crisis in our financial system and so to the Great Recession. He concludes with practical solutions to our current pressing, money-based problems. <br><br><i>Money </i>skips nimbly among such far-ranging topics as John Locke&rsquo;s disastrous excursion into economic policy, Montesquieu&rsquo;s faith in finance to discipline the power of kings, the social organization of ancient Sparta and the Soviet Union&rsquo;s ill-fated attempt to abolish money and banking altogether. Throughout, Martin makes vivid sense of a chaotic and sometimes incoherent system&mdash;the everyday currency that we all share&mdash;in the clearest and most stimulating terms. This is a magisterial work of history and economics, with profound implications for the world today.</p></p><br clear="all">http://www.randomhouse.com/catalog/display.pperl?isbn=97803079624472014-03-04T00:30:00-05:00Money by Nicholas Guy Smithwww.randomhouse.com<a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9780804191548"><img align="right" src="http://www.randomhouse.com/catalog/catalog_cover.pperl?9780804191548" border="1"/></a><h3><a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9780804191548">Money</a> The Unauthorized Biography<br/><b>Written by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=163928">Felix Martin</a><br> <b>Read by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=222138">Nicholas Guy Smith</a></h3><b>Unabridged Audiobook Download</b>0 | Random House Audio | Business & Economics - Economic History; History - World; Business & Economics - Money & Monetary Policy | <b>$22.50</b> | 978-0-8041-9154-8 (0-8041-9154-9)<p><p>From ancient currency to Adam Smith, from the gold standard to shadow banking and the Great Recession: a sweeping historical epic that traces the development and evolution of one of humankind&rsquo;s greatest inventions.<br><br>What is money, and how does it work? In this tour de force of political, cultural and economic history, Felix Martin challenges nothing less than our conventional understanding of money. He describes how the Western idea of money emerged from interactions between Mesopotamia and ancient Greece and was shaped over the centuries by tensions between sovereigns and the emerging middle classes. He explores the extraordinary diversity of the world&rsquo;s monetary systems, from the Pacific island of Yap, where value was once measured by immovable stones, to the currency of today that exists solely on globally connected computer screens. Martin shows that money has always been a deeply political instrument, and that it is our failure to remember this that led to the crisis in our financial system and so to the Great Recession. He concludes with practical solutions to our current pressing, money-based problems. <br><br><i>Money </i>skips nimbly among such far-ranging topics as John Locke&rsquo;s disastrous excursion into economic policy, Montesquieu&rsquo;s faith in finance to discipline the power of kings, the social organization of ancient Sparta and the Soviet Union&rsquo;s ill-fated attempt to abolish money and banking altogether. Throughout, Martin makes vivid sense of a chaotic and sometimes incoherent system&mdash;the everyday currency that we all share&mdash;in the clearest and most stimulating terms. This is a magisterial work of history and economics, with profound implications for the world today.</p></p><br clear="all">http://www.randomhouse.com/catalog/display.pperl?isbn=97808041915482014-03-04T00:30:00-05:00Why Nations Fail by James Robinsonwww.randomhouse.com<a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9780307719225"><img align="right" src="http://www.randomhouse.com/catalog/catalog_cover.pperl?9780307719225" border="1"/></a><h3><a href="http://www.randomhouse.com/catalog/display.pperl?isbn=9780307719225">Why Nations Fail</a> The Origins of Power, Prosperity, and Poverty<br/><b>Written by</b> <a href="http://www.randomhouse.com/author/results.pperl?authorid=121787">Daron Acemoglu</a> and <a href="http://www.randomhouse.com/author/results.pperl?authorid=143306">James Robinson</a></h3><b>Trade Paperback</b>, 544 pages | Crown Business | Business & Economics - Economic History; Business & Economics - International; Political Science - Economic Policy | <b>$17.00</b> | 978-0-307-71922-5 (0-307-71922-7)<p><b><i>Brilliant and engagingly written,</i> Why Nations Fail <i>answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? <br><br></i></b>Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? <br><br>Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? <br><br>Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions&mdash;with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. <br><br>Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including: <br><br>&#160;&#160; - China has built an authoritarian growth machine. Will it continue to grow at such high speed and&#160;overwhelm the West? <br>&#160;&#160; - Are America&rsquo;s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority? <br>&#160;&#160; - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More <br>philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson&rsquo;s breakthrough ideas on the interplay between inclusive political and economic institutions? <br><br><i>Why Nations Fail </i>will change the way you look at&mdash;and understand&mdash;the world.</p><br clear="all">http://www.randomhouse.com/catalog/display.pperl?isbn=97803077192252013-09-17T00:30:00-05:00